Quick charity verification for Oconnell Family Foundation Inc (EIN: 133745912)
Verdict: Oconnell Family Foundation Inc appears trustworthy
75/100Mission Score
$4.2MRevenue
$2.4MAssets
2Red Flags
3Strengths
Red Flags
Lack of NTEE code, hindering understanding of mission alignment and peer comparison
Significant year-over-year fluctuations in revenue and assets without clear explanation in provided data
Strengths
Consistent reporting of 0% officer compensation, indicating efficient use of funds for mission
Minimal liabilities ($1 in recent years), suggesting sound financial management
History of grant-making activity, as evidenced by expenses relative to revenue in most years
Spending Breakdown
How Oconnell Family Foundation Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Oconnell Family Foundation Inc
Is Oconnell Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Oconnell Family Foundation Inc (EIN: 133745912) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Oconnell Family Foundation Inc a good charity to donate to?
Oconnell Family Foundation Inc has a Mission Score of 75/100. Revenue: $4.2M. Assets: $2.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Oconnell Family Foundation Inc?
The Employer Identification Number (EIN) for Oconnell Family Foundation Inc is 133745912. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Oconnell Family Foundation Inc spend its money?
Oconnell Family Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Oconnell Family Foundation Inc's tax-exempt status?
You can verify Oconnell Family Foundation Inc's tax-exempt status using EIN 133745912 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Oconnell Family Foundation Inc. exhibits inconsistent financial activity, typical of a private foundation primarily distributing grants. Its revenue and expenses fluctuate significantly year-over-year, with a notable revenue of $5,150,032 in 2021 and a much lower $16,250 in 2023. The organization consistently reports minimal liabilities ($1 in recent years) and zero officer compensation, which suggests a lean operational structure and a focus on direct philanthropic activity rather than administrative overhead or executive salaries. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, it's challenging to fully assess spending efficiency. The foundation's assets have also shown considerable variation, from $7,494 in 2020 to $5,002,702 in 2021, indicating a dynamic funding and distribution pattern. The lack of an NTEE code makes it difficult to benchmark its activities against similar organizations, impacting transparency regarding its specific programmatic focus.